Tauqueer

How to enter a trade after a breakout

Education
NSE:XCHANGING   XCHANGING SOLUTION
1) After breakout price comes near the previous supply zone and now it should act as demand zone which is support obviously
2) We should see the volumes at the time of retracing volumes are always low which is a good indication that means some profile booking is happening
3) If the price is not supported by volumes it kind of reverse that exactly happening now in this stock.
4)For entry we should look for any big green candle supported by volumes that's a indication that buyers are active now.
5)Now go for smaller time frame like 1 hour 30min for good entry

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.